News

The Shannon cluster of aviation businesses has just gotten bigger as Dublin based AerAdvise announced plans today at the prestigious Shannon International Leasing Conference (SILC), to establish a new office at Shannon employing seven people.

Welcoming the announcement, Minister Hildegarde Naughton TD., Minister of State at the Department of Transport, who officially opened the SILC conference said: “With over 90 aviation companies employing over 3,000 people having now made Shannon their home base, the Shannon aviation cluster is growing from strength to strength. As an island nation, we rely on aviation to maintain our connections with families, friends, and business, wherever they may be. Aviation is at the forefront in providing access to our island and plays a pivotal role in maintaining and growing our economic, political, and cultural connections with the rest of the world. Aviation also plays a central role in supporting our tourism industry, which is fundamental in providing employment on a regionally distributed basis, such as here in the Mid-West Region.

“Shannon Free Zone was the original home of Ryanair founder the late Dr Tony Ryan’s Guinness Peat Aviation business – the world’s largest commercial aircraft lessor in the 1980s. It is wonderful to see the legacy of Shannon’s rich aviation history continue to positively impact the region’s economy.” 

Commenting on the announcement by AerAdvise, an independent technical consulting and asset management company serving high value aircraft leasing clients around the world, the company’s CTO John Whitty said: “As AerAdvise is entering a new chapter, we are expanding our presence in Ireland beyond our headquarters in Dublin (Santry) and adding the Shannon office on the Irish map. The Shannon Cluster of aviation companies has always been an important centre of aviation in Ireland and internationally, so we are delighted to have a team available to our customers on-site in Shannon to cover their needs.”

Keith Butler, Managing Director of CAE, which employs 95 in their Shannon office, was in attendance at SILC, where the company presented Minister Naughton with a plaque to commemorate her opening the conference this year, and to celebrate employing 27 people in the CAMO division, up from four in 2019. He said: “Our focus is the local talent pool, with new employees coming from UL, TUS and local aviation apprenticeship programmes, based here in the Mid-West of Ireland.” UL, TUS and MRO training facilitators were in attendance on the day as well.

Speaking about the event, now in its 7^th year, SILC conference founder Samantha Harding said: “With over 50% of the world’s leased fleet managed through Ireland, one of the primary goals of SILC is to create cohesion in the aviation community in Ireland, and principally in the Shannon area. SILC was created from the collective interests of Shannon and Irish aviation companies, working together to provide a range of skilled services and cost-efficient solutions to both airlines and the leasing companies.”

“The conference gave an opportunity for technical representatives from the industry to meet and discuss up-to-date trends, listen to leading figures’ opinions on the future of the industry, and engage in an open networking forum with their peers,” said Ms. Harding.

Sponsored by the Shannon Airport Group and over 25 Shannon based aviation service companies, some 300 delegates, a combination of operating lessors, finance lessors, aircraft and engine technical support, MRO and a wide range of executives from the aerospace supply chain and aviation services sectors, attended from across Ireland, the UK and Europe.

AerAdvise today announces the appointment of Margareta Vrablova, as Sales and Marketing Manager, effective 5th September 2022.

AerAdvise have appointed Margareta Vrablova as the new Sales and Marketing Manager. Mrs. Vrablova is bringing with her strong international experience from various areas of the aviation industry combined with expertise in the commercial sector of the business. Mrs. Vrablova will be working alongside Mike Byrt, COO, where she will be responsible for growing AerAdvise’s customer portfolio plus building the company’s marketing strategy.

Being in her early 30s Mrs. Vrablova is already bringing extensive experience from the industry as she has spent the last 6 years at Atlantic Aviation Group, where she played an important part in the company’s expansion into the market. Mrs. Vrablova commenced her career in Frankfurt, Germany by representing Aviation Cabin Consulting before she moved to the Australian-based company, Comtech. Thus, AerAdvise’s new Sales and Marketing Manager brings an interesting combination of commercial experience and international know-how.

AerAdvise’s CEO Patrick Toner said:
“I am thrilled to welcome Margareta on the team. She is bringing great motivation and ambition to the company and will play an essential role in taking the company to the next level, as we are both releasing new technical services and smart technology solutions into the market. With her innovative approach she will help to develop the brand awareness further and strengthen AerAdvise’s position as a global leader in Technical Services and Regulated CAMO Management activities.”

AerAdvise’s Sales and Marketing Manager, Margareta Vrablova commented:
“AerAdvise is entering a new chapter and I am grateful to the company for inviting me onto this journey. To be honest, I feel really excited to get started and make my impact on the company’s future. The aviation industry is like a big family and what really appealed to me at AerAdvise is how everyone works together as a close team.”

To learn more about AerAdvise’s innovative solutions, please contact us via email at info@aeradvise.com.

AerAdvise today announces the appointment of John Whitty, as Special Advisor to the AerAdvise technical advisory committee at its Dublin HQ, effective 10th May 2022.

John Whitty will report to Pat Toner Group CEO as part of the technical advisory committee supporting our new COO Mr Mike Byrt and the larger AerAdvise business framework. Mr Whitty has been instrumental in the foundation and development of AerAdvise having held the position of Chief Technical Officer (CTO) since its formation.

Mr Whitty has been involved in aviation for many years firstly having begun his career with the Irish Air Corps and subsequently holding very senior roles both in local Irish & international aviation business beginning with AerLingus, Air Transport Division New Zealand, AerTuras, Schreiner Airways and Aergo Capital, to industry regulatory institutions such as the Irish Aviation Authority.

Toner said:
“I am delighted that such an experienced and industry recognised expert such as John has accepted to remain and serve as part of our newly established technical advisory committee. The richness of the expertise and diversity that will be amassed in the group of experts who have accepted to give so generously with their time to serve as Special Advisers will undoubtedly make an important contribution to the work and mandate of the AerAdvise business. I welcome John as part of this team, and look forward to working closely with him and our other advisors going forward”.

Whitty said:
“Having held the position of CTO with the AerAdvise business from its formation, I am delighted to further support the exciting next stage of its planned growth strategy as an advisor to its newly formed committee. I am very confident that Mike with his technical experience as COO will continue the impressive growth of the business built to date. I would also like to add that Pats vision & strategy for both AerAdvise and the broader group is very exciting and something I look forward to being a part of”.

Please contact us on info@aeradvise.com for more information on all our services. Follow the AerAdvise LinkedIn page for updates on projects and the AerAdvise part-CAMO approvals.

AerAdvise, the international aviation technical asset management services subsidiary of Tekunh Group, today announces the appointment of Mike Byrt, as Chief Operating Officer of Technical Operations in the AerAdvise business effective 2nd May 2022.

Mike Byrt will report to Pat Toner Group CEO. Mike has over 35 years’ experience in the aviation industry and has most recently held the position of Technical Services Director & founder of the CAMO business inside the Atlantic Aviation Group since January 2017. Throughout the course of his long career, he has held a series of senior technical roles with international organisations including Shannon Aerospace (Lufthansa Group) & Part M Aviation.

Toner said:
“Our AerAdvise business is poised for long-term growth, with an established operational platform Dublin and Ireland recognised as the international centre of excellence for aircraft leasing. Mike has overseen the transformation of several aviation technical businesses into global multi-tier service providers with sustainable, profitable portfolio’s of business and we are very pleased he will be leading AerAdvise into the next phase of its expansion.”

Byrt said:
“AerAdvise is a fantastic technical consultancy platform to the aviation industry, with a targeted range of service streams, a wealth of talent and established reputations at internationally. With market conditions improving markedly, I look forward to working with Pat and the broader operational team to grow the business further.”

Please contact us on info@aeradvise.com for more information on all our services. Follow the AerAdvise LinkedIn page for updates on projects and the AerAdvise part-CAMO approvals.

The owner of Dublin-based aircraft management specialist AerAdvise acquires Core Financial Systems

Chirisa Investments joins shareholder base of combined group

Further acquisitions planned to expand the platform’s capabilities

Dublin based aircraft management specialist AerAdvise is to join forces with Core Financial Systems which is a leading financial software provider with a particular expertise in aircraft leasing, financial services and the public sector. The financial terms of the transaction are not being disclosed.

The transaction will see both AerAdvise and Core Financial Systems operate as separate but complimentary business under a Group Structure. The management team of Core Financial Systems including founder Tony Salmon, are remaining with the company which expects to grow employee numbers significantly in the next 24 months.

Existing shareholders in AerAdvise, Pat Toner and Kouchin Holdings (Emmet O’Neill) are joined as shareholders in the enlarged group (called Tekunh Ltd) by Chirisa Investments.

The Group have a number of further acquisitions planned in both the aviation and non-aviation sectors as the company builds out a comprehensive services platform built on a recurring revenue model. The business is aiming to grow revenue to €30m-€40m over the next 24 months through both an acquisition and organic growth strategy.

Speaking today Pat Toner said; “With powerful backing, we will draw on decades of experience to push the boundaries of technology innovation and remain focused on growing highly skilled jobs, delivering outstanding technology solutions, capabilities and services to our respective customers.” We expect to be in a position to make a number of additional acquisitions to support our recurring revenue business strategy through the next 24 months.”

Established by Pat Toner in 2018, AerAdvise is an independent consulting and asset management company working with aircraft leasing clients around the world. The AerAdvise team has several decades of experience in aircraft leasing, MRO (Maintenance, Repair and Overhaul) and aviation technology. Clients of AerAdvise include investment funds, banks, aircraft leasing companies, asset managers and airlines.

Core Financial Systems was founded by Tony Salmon in 1998. The company has developed a range of proprietary software modules for aircraft leasing, industrial and government customers. Core is the largest Infor Business Partner in Ireland and has earned a reputation of deploying world class business solutions into their blue-chip client base and for being at the forefront of technology advancement. Clients include leading aircraft leasing companies, Government Departments, financial services companies, and national and international businesses. Core Financial Systems has successfully developed a diversified base of recurring revenue customers in recent years.
Speaking today, Tony Salmon said: “this transaction will enable us to dramatically grow our employee number and our services to support new and existing clients. We are now positioned strongly for significant investment and growth and I am very excited at what we will achieve over the coming five years.”

AerAdvise was advised on this transaction by Clearwater Dublin (www.clearwaterinternational.com/ie)

AerAdvise Group Debuts Landmark European Headquarters beside Dublin International Airport Ireland. Our new European Headquarters are located at the 2nd Floor, No.1 Northwood Avenue, Dublin, Ireland.

AerAdvise Group CEO Patrick Toner commented, “The decision to relocate comes as part of the company’s ambitious 5 year growth strategy in Ireland providing specialist services to the international aviation markets”. This move is a very pivotal start to the New year for us and highlights a solid commitment to our customers, partners and continued collaboration during a particularly challenging period for our industry globally. Our new European headquarters also provides the necessary new functional working space for staff with the added ability to host our customers and their clients during challenging projects. Moving forward in 2022 we will also see some further exciting news from the group in several areas including new hires to the business.

AerAdvise Chief Technical Officer Mr John Whitty also commented “To date the market has welcomed or TES “Technical Engineering Solutions” these include both our Technical Services, Records Reviews & CAMO offerings and through this, we will continue to expand these services further in the months ahead starting with our new records storage solution and onsite presentation of aircraft records.

Please contact us on info@aeradvise.com for more information on all our services. Follow the AerAdvise LinkedIn page for updates on projects and the AerAdvise part-CAMO approvals.